29, LUCERNE AVENUE, BICESTER, OX26 3EW - £470,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

29 LUCERNE AVENUE is a midsized detached house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £507,244. It was last sold for £470,000 in October 2023, which was around 13% below the average October 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

29 LUCERNE AVENUE Sold Prices

Land registry data shows four sales for 29 LUCERNE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 29 LUCERNE AVENUE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 20 OCT	£470,000	£541,802	13% below HPI
2002 29 APR	£189,950	£223,752	15% below HPI
2000 11 FEB	£137,500	£170,484	19% below HPI
1999 22 JAN	£119,950	£143,928	17% below HPI

29 LUCERNE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The four 29 LUCERNE AVENUE sales between January 1999 and October 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 29 LUCERNE AVENUE be worth now?

29 LUCERNE AVENUE might now be worth an estimated £507,244.

This is based on house price inflation of 7.9%, between October 2023 and December 2024, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.9% inflationary increase is applied to the most recent sale price for 29 LUCERNE AVENUE of £470,000 on 20th October 2023. For the value to have increased from £470,000 to £507,244 over the ten months to December 2024, the following assumptions must hold true:

• The value of 29 LUCERNE AVENUE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The October 2023 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 29 LUCERNE AVENUE has not materially changed since October 2023.

How Large is 29 LUCERNE AVENUE?

29 LUCERNE AVENUE is 110m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 50% of detached houses houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicester, and where 29 LUCERNE AVENUE lies on this distribution: 42% of detached houses houses are smaller than 29 LUCERNE AVENUE, and 57% of houses are larger. Note that EPC data is not available for all properties in Bicester.

29 LUCERNE AVENUE: Plot and Title Map

29 LUCERNE AVENUE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 29 LUCERNE AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 29 LUCERNE AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 29 LUCERNE AVENUE?

29 LUCERNE AVENUE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 29 on LUCERNE AVENUE.